Swisscom (OTCMKTS:SCMWY) was downgraded by research analysts at Jefferies Financial Group from a “hold” rating to an “underperform” rating in a report issued on Thursday, The Fly reports.
Other equities analysts have also issued research reports about the company. Zacks Investment Research lowered Swisscom from a “buy” rating to a “hold” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Swisscom in a research report on Wednesday, December 16th. Berenberg Bank restated a “sell” rating on shares of Swisscom in a research report on Tuesday, October 27th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Swisscom in a research note on Friday, October 30th. Finally, ValuEngine upgraded shares of Swisscom from a “sell” rating to a “hold” rating in a research note on Friday, November 20th. Three research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $61.00.
Shares of OTCMKTS SCMWY opened at $53.79 on Thursday. The stock has a market cap of $27.86 billion, a P/E ratio of 16.70, a P/E/G ratio of 1.37 and a beta of 0.19. Swisscom has a twelve month low of $47.45 and a twelve month high of $58.84. The stock has a 50 day moving average of $53.46 and a two-hundred day moving average of $53.58. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.01.
Swisscom Company Profile
Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. The company operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. It offers broadband, TV, fixed-network, and mobile phone subscription services, as well as national and international telephone, and data traffic services for residential customers, and small and medium-sized enterprises.
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